The Value in Underpinning a Basement – Episode #201

This video is to show our viewers how they can add value to their basements.

By underpinning a basement, you are increasing the ceiling height by at least 1-2 feet.  In Toronto, especially the older areas, basements were not originally made as living space and therefore they were low, damp, and felt really creepy.

For your average house in the East York, Danforth, and Beaches area it can cost approximately 25k-30k to underpin a basement.  And this means you are creating another floor of great living space.  This will definitely add value to your property and for you investors out there it will definitely increase the rental value of your basement apartment.

Check out these videos that show examples of basements and how much value was created by underpinning and adding quality finishes:

East York Modern Duplex Conversion After Renovations – Episode #200

East York Bungalow The Final Reveal – Episode #188

 

Starbucks Coming Soon To Danforth and Monarch Park – Episode #197

There is a Starbucks coming soon to the transitioning neighbourhood on Danforth between Coxwell and Greenwood! This is BIG news for investors, residents, buyers and sellers.

As we are all aware, Starbucks does a lot of homework and research on where they will open up their stores. This section of the Danforth has been known in the past as “no man’s land” and over the last several years has been going through positive changes especially with businesses. Real estate values have been slower than other prime locations near by, but over the last few years new and existing property owners have really stepped up and have been renovating their homes and cleaning up. Pride of ownership is starting to show and the area in general is reflecting these changes. These are definitely some of the trends that Starbucks can see on this section of the Danforth.

We all know what happened at Queen Street East and Logan Ave when Starbucks opened 7 or 8 years ago. We all see what’s happening at Gerrard and Jones as well as Main Street and Kingston Rd. Starbucks is NOT the reason why this growth is happening, but I believe it definitely has an influence. Maybe it is a good company to follow seeing how successful they have been when opening new stores.

Watch my other video blogs that have introduced Starbucks in other locations:
Starbucks at Gerrard and Jones – Episode #3
Starbucks at Kingston Rd and Main St – Episode #64
Starbucks at O’Connor Dr and Coxwell – Episode #112

Semi Detached Toronto Beach House After Renovations – Episode #194

Here we are in the Toronto Beaches just south of Kingston Road where the owner, Chris Arnts, has just finished renovating his duplex. The results were very successful! This is a great example of a typical semi detached property in the Toronto Beaches and can be achieved with simple steps.

To watch the before renovation video click here to see how the property looked like: Semi Detached Toronto Beach House Before Renovations – Episode #193

If you are interested to discuss how you can find a similar property feel free to contact me through my website: www.BeachInvesting.com

Semi Detached Toronto Beach House Before Renovations – Episode #193

We are back in the Toronto Beaches just south of Kingston Road. The owner, Chris Arnts, has just purchased this property and is about to renovate it extensively to convert it into a luxury duplex and plans to generate positive monthly cash flow.

Will Chris stick to his renovation budget of $120,000? Will Chris be able to obtain his target rents to generate the cash flow he needs?

To watch the after renovation video click here to see how the everything turned out: Semi Detached Toronto Beach House After Renovations – Episode #194